Topic: Modum (MOD) (Read 177 times)

I'm liking Modum as a long-term hold. It's only on a few exchanges and has a low market cap, but the potential seems big. I didn't get into Walton, partly because it's in China and it seems that every successful business there is beholden to the Chinese government and their whims. Modum has a different focus, so it's not really a direct competitor, and is located in Switzerland. It's likely a 2-3 year time frame before it becomes big and starts to see a broader potential, but worth a holding imo... It monitors the condition of medical shipments but could become so much more, for instance detecting light (i.e., when shipments are opened...) could be a real solution to product tampering concerns during shipment.

From the whitepaper:
DATA INTEGRITY FOR SUPPLY CHAIN OPERATIONS,
POWERED BY BLOCKCHAIN TECHNOLOGY
Copyright 2017 modum.io AG
Whitepaper V. 1.0
modum.io sensor devices record environmental conditions while
physical products are in transit. When a change in ownership
occurs, the collected data is checked against a specific smart contract
in the blockchain. This contract validates that the transaction
meets all of the standards set out by the sender, their clients, or the
regulator and triggers various actions: notifications to sender and
receiver, release of goods, payment, etc.